By Susanna Moon
Chicago, July 22 - Perennial China Retail Trust Management Pte. Ltd. said it priced S$50 million of 5¼% notes due 2016 at par.
DBS Bank Ltd. is the lead manager and bookrunner.
The notes will be issued under the company's S$500 million multicurrency medium-term note program established on Jan. 20, 2012.
The notes will be guaranteed by Perennial China Retail Pte. Ltd., a wholly owned subsidiary of the issuer.
Proceeds will be used to finance the company's investments and for general working capital purposes.
The issuer is a Singapore-based retail development trust.
| Issuer: | Perennial China Retail Trust Management Pte. Ltd.
|
| Issue: | Notes
|
| Amount: | S$50 million
|
| Maturity: | 2016
|
| Coupon: | 5¼%
|
| Price: | Par
|
| Bookrunner: | DBS Bank Ltd.
|
| Pricing date: | July 22
|
| Settlement date: | July 26
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
